CRYPTO NEWS - Market has Stoped Falling - Bitcoin at $31000 - Slow Recovery
CRYPTO NEWS - Market has Stoped Falling - Bitcoin at $31000 - Slow Recovery
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
09:04 Outro
On the night of May 9-10, 2022, bitcoin once again fell below $30,000. The fall of the cryptocurrency became a reason for participants of the cryptocommunity to share their forecasts for the further movement of BTC. BeInCrypto's editorial staff gathered investors' opinions on bitcoin's prospects in one review

Bitcoin forecast
Opinions of members of the cryptocommunity on what awaits BTC have diverged. To make it easier to get acquainted with the forecasts, BeInCrypto's editorial staff divided them into two camps: positive and negative.

Arguments for further decline
Many believe that the breakthrough of the $30,000 level is only the beginning of the cryptocurrency's prolonged decline. For example, an analyst who runs his microblog under the nickname CryptoWhale is sure that BTC will fall to $10,000 this year.

In his opinion, in the near term the cryptocurrency will see a new wave of fall. CryptoWhale explained his point of view by the active introduction of coins on cryptocurrency exchanges. Such behavior of market participants may indicate their preparation for the sale of cryptocurrency. CryptoQuant.com paid special attention to the activity of large investors - "whales".
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